Genus Regulatory News (GNS)

19 Jul 2005 11:36

Genus PLC19 July 2005 FOR IMMEDIATE RELEASE 19 July 2005 GENUS PLC Issue of Equity to Employee Benefit Trust Genus plc, the World leading Bovine Genetics Company, announces that applicationhas been made today for the admission to trading on AIM of 216,700 ordinaryshares of 10p each ("ordinary shares"). The ordinary shares have been issued tothe Genus plc Employee Benefit Trust at nominal value in connection with theconditional share awards granted on 7 June 2005. These awards have performanceconditions which relate to growth in earnings per share over a three year periodand which trigger vesting on an incremental basis. As previously announced on 8June 2005, of these share awards, 67,700 and 49,500 were made to Richard Wood,Chief Executive and to Mr David Timmins, Group Finance Director, respectively. The new ordinary shares will rank pari passu in all respects with the existingshare capital of the Company. Trading of the new ordinary shares will commence on 25 July 2005. For further information please contact: Genus plcEdwin White, Chairman of the Remuneration Committee 01256 347100 Bridgewell LtdFred Ward 020 7003 3117 This information is provided by RNS The company news service from the London Stock Exchange